0 LANHAM SEVERN RD Under Contract

Glenn Dale,MD 20769

$ 4900000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID MDPG533364

Annual Tax Amount $39,331

Tax Year 2020

Lot Size 24.380 Acres

Property Description

An amazing development opportunity featuring 24.38 acres, Zoned Commercial, General and Office (CGO). Public Water and Public Sewer Hook-Up are available; Floor Area Ratio (FAR) is 0.3. Preliminary Site Plan on file highlights construction of 258,000 square feet of R&D / Medical Office, 92,000 for Warehouse, 8,000 for Commercial and Day Care for 100 to 120 students. Site Plan also features 9 building sites, parking lots, walking trails and 2 separate ingress / egress points, one of which is opposite Wingate Drive. A Conceptual Site plan incorporates mutually agreed Covenants between the seller and the Glenn Dale Citizens Association, Inc. (GDCA). Envisioned as an Employment Park, the property is strategically located opposite Wingate subdivision, with 260 homes, near Glenn Dale Heights, with 460 homes, and Glendale Forest which includes approximately 73 homes. Several Detailed site Plans have been approved for residential and commercial development nearby. See documents. Convenient to NASA's Goddard Space Flight Center and Bowie State University (within 3 miles), University of Maryland (within 7.5 Miles), Washington Union Station (within 16 miles), The United States Naval Academy, The Pentagon and Reagan National Airport (all within a 22 mile radius).

Best use combines commercial, office and retail in a project that generates substantial economic impact and provides widespread appeal to the surrounding community. Contact the Prince George's Planning Department to verify your intended use.

Location

State MD

County Prince Georges

Zoning CO

Exterior

Utilities Available Sewer Available,Water Available

Waterfront N

Water Access N

Building

Sewer Public Hook/Up Avail

Water Public Hook-up Available

Schools

School District Prince George'S County Public Schools

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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